Didsbury Gin, famed for award-winning spirits and Dragon’s Den backing, has entered liquidation, with parent company Alderman’s Drinks owing creditors nearly £200,000.
A declaration of insolvency is a formal acknowledgement that a business or individual cannot meet debt obligations, leading to formal insolvency proceedings aimed at resolving financial difficulties.
Explore how administration can protect your business, offering rapid relief and strategic options compared to liquidation. Learn more about its benefits and when it’s the right choice.
Learn how to sell company assets during financial distress, ensuring fair value, legal compliance, and proper documentation while maintaining business continuity. Contact Parker Walsh for free, expert advice.
Typhoo Tea, a historic British brand, faces potential administration after sales plummet, losses widen, and a factory break-in compounds financial woes.
Homebase has entered administration, endangering 2,000 jobs, while The Range owner acquires 70 stores, safeguarding 1,600 roles and the Homebase brand for online continuation.
Cheap liquidation services may seem appealing, but hidden fees can lead to unexpected costs. Parker Walsh offers transparent, comprehensive support from £4,000 + VAT to ensure a smooth and legally compliant process.
Stapleford Park Hotel, a renowned Leicestershire venue, has entered liquidation, resulting in the loss of 92 jobs and cancelled bookings.
This article compares the experiences of directors who’ve worked with other insolvency practitioners and explains how Parker Walsh offers a more tailored and supportive service.